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  2. What Is a Ladybird Deed? - AOL

    www.aol.com/ladybird-deed-230849466.html

    A ladybird deed, also referred to as an enhanced life estate, allows for the transfer of property to someone else while retaining control of the property. This type of deed can be used in ...

  3. What Is a Lady Bird Deed & How Does It Work in Florida? - AOL

    www.aol.com/finance/lady-bird-deed-does-florida...

    After the property owner’s death, the state may seek to recover Medicaid benefits paid out during the owner’s lifetime from the property passed via the Lady Bird Deed. This could affect the ...

  4. Endowment policy - Wikipedia

    en.wikipedia.org/wiki/Endowment_policy

    An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [ 1 ] [ 2 ] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.

  5. Which States Recognize Enhanced Life Estate Deeds? - AOL

    www.aol.com/finance/states-recognize-enhanced...

    An enhanced life estate deed, often referred to as a “Lady Bird” deed, is a legal document utilized in some areas to streamline the transfer of property ownership. This deed simplifies the ...

  6. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    The face amount of the policy is the initial amount that the policy will pay at the death of the insured or when the policy matures, although the actual death benefit can provide for greater or lesser than the face amount. The policy matures when the insured dies or reaches a specified age (such as 100 years old).

  7. Whole life insurance - Wikipedia

    en.wikipedia.org/wiki/Whole_life_insurance

    The entire death benefit of a whole life policy is free of income tax, except in unusual cases. [3] This includes any internal gains in cash values. The same is true of group life, term life, and accidental death policies. However, when a policy is cashed out before death, the treatment varies.

  8. Life Insurance: How to Choose The Best Option for You ... - AOL

    www.aol.com/life-insurance-choose-best-option...

    A term life policy may fit the bill if you want coverage while kids are at home or while paying off a mortgage. Companies may offer $1 million or more in coverage for relatively low monthly premiums.

  9. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]